Skip to main content

About your Search

20121231
20121231
Search Results 0 to 0 of about 1
the sequester, this term we've been throwing around washington now for about a year and a half. it was the result of that debt budget deal, that ceiling rise in july of 2011. they said if there was no deal to significantly reduce government spending by this time, midnight tonight, then there would be this draconian and indiscriminate cut across the board, 50% of it, $500 billion over ten years in defense, $500 billion over ten years in other social spending, including social safety net programs. everyone was going to feel a little pain. the trouble is now some elements, particularly in the senate, are trying to delay that, put that off, one month, two months, three months, even a year by some estimations, and a lot of folks, particularly republicans in the house, say no way, we're not going for that. we're getting nothing out of this in terms of spending cuts except the sequestration. a lot of ironies here. it was house republicans who literally blamed the president for coming up with the sequestration idea to begin with. they've spent months blaming him. what you saw mitch mcc
Search Results 0 to 0 of about 1